2006 October 05 Poker News, Events and Happenings - Page 4

Last weekend’s political moves to criminalize online gambling financial transactions continued to generate news and views going into Thursday.

The Las Vegas Sun newspaper says that the loss of Internet qualified players could have a serious impact on the competitive value and popularity of major land tournaments that take place at major land gambling establishments like Harrah’s and MGM Mirage.

The four founders of online poker giant Party Gaming became the poster children for instant mega-wealth when the company went public in London not long ago. Their shares were valued in the billions as Party Gaming entered the FTSE 100 index with a value in excess of GBP 4.5 billion.